While Sagna has 18 months left on his contract, it is looking increasingly likely that he could be sold at the end of the season.

Adding to the intrigue, neither man features on the club's new A3 calendar even though they are first team regulars - and Walcott in particular is one of the club's most marketable and popular players.

French full-back Sagna has been interesting Inter Milan and recently voiced his frustrations about Arsenal's methods, but Wenger insists negotiations for a new deal are ongoing.

Wenger, who also confirmed the club have started contract negotiations with Jack Wilshere, said: "We are in talks at the moment (with Sagna). We are hopeful. He had some big injury issues but, with him and Carl Jenkinson, you need two players and we want to keep them."

The decision not to include Walcott and Sagna in the calendar has been greeted with suspicion among fans.